LiberalJesus
News and Views from Left of Center

Off Shore Oil drilling facts

This just in from contributing writer for LiberalJesus.com, R.E. Griffey.

Off Shore Oil drilling facts

1. All drilling rigs are leased and in use for years to come.
2. It takes years to drill and develop a well and pipelines to transport the oil.
3. The refining capacity in the U.S. is at capacity because “Big Oil” has bought up small refineries and closed them down for years to control refining prices. (See Shell Oil CEO evade the question at:
5. Oil men Bush and Cheney, along with the Big Oil men established the U.S. Energy Policy, still “Secret” from us the taxpayers. Mission Accomplished with $4 gas?
6. A 1981 law still has to be repealed before ANY off shore drilling can begin.
7. Big Oil has 68 MILLION acres under lease now they are not drilling on. I suspect they just want to keep ANYONE else from drilling on it. IF they get it they should be made to drill on it within a specified time.
8. Congress passed a law saying Big Oil doesn’t have to pay royalties on the oil the get from U.S. Federal lands (Our money) to give them “incentive’s”.
9. Any oil they get they can sell anywhere in he world, like they did to the first Alaskan oil, which went to the Orient, not the U.S.
Definitely something to think about and ask your Representatives and Senators about as we head into this election season.

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